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Industry news

RAQUEST partners with TaxTec


12 May 2025 UK
Reporter: Clelia Frondaroli

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Image: TTstudio/stock.adobe.com
RAQUEST has partnered with TaxTec to offer financial institutions better streamlined and more transparent withholding tax processes.

The collaboration will combine RAQUEST'S withholding tax processing solutions with TaxTec's reclamation services. The companies say that this will enable them to deliver a broader and more adaptable range of services to clients, while maintaining regulatory compliance.

Speaking on the partnership, Alexander Lerch, co-founder and CEO of RAQUEST, says: “Teaming up with TaxTec allows us to address the complexities of the UK withholding tax landscape while providing German, Austrian, and Swiss (DACH) region clients with digital and comprehensive services for efficient tax recovery.”

Stephen Everard, co-founder and CEO of TaxTec, adds: “The combination of RAQUEST’s relief at source capabilities and TaxTec’s AI-enabled tax recovery platform enables us to expand our offering for the mutual benefit of both organisations.”
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